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SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on development, ownership, management and operation of investment properties located in Canada. The Trust portfolio features approximately 195 strategically located properties in communities across the country. The Trust’s subsidiaries include Smart Limited Partnership, Smart Limited Partnership II, Smart Limited Partnership III, Smart Limited Partnership IV, Smart Oshawa South Limited Partnership, Smart Oshawa Taunton Limited Partnership, Smart Boxgrove Limited Partnership, ONR Limited Partnership, ONR Limited Partnership I, and SmartVMC West Limited Partnership.


TSX:SRU.UN - Post by User

Comment by LANNY9on Mar 19, 2008 12:08pm
152 Views
Post# 14748181

RE: Question please

RE: Question pleaseI, as compared to tompelops, believe the report will be very good and well received. They have received great results from the metallurgical standpoint. Yes, they need to prove it on a larger scale and that is being done. I think with the results they have had to date, along with way below market prices for the mineralization, it will still be feasible. Now onto the financing of the project, tomelops is way off base stating that the banks wont touch it. Unlike tompelops, the banks know what kind of demand these metals will have in the future. Just watch when the U.S. economy turns around, they along with the emerging markets will eat up any supply there is. The Chinese know this as they are already building reserves of metals, oil, pretty much anything of value. The banking industry will come out of this economic downturn and the world's economy will keep on chugging along. Just think about this the metals are at high prices now, when the U.S. is in recession, just think what they will be like when the U.S. starts booming again, along with all the emgergins markets........it is the perfect storm and you should be invested in all materials, not just metals but oil, wheat, corn, etc etc. The prices we see today is just the start, IMO. Also in this whole equation that tompelops forgets to mention is the ability of SRU to recover a great amount of energy from the metallugical process that Dr. Harris developed. If this proves out, as they think it will, there will be a huge savings on the amount of energy required to run the operation "in such a remote location!" Will the project be feasible? My guess is yes, and that is why I are here. Now tompelops, why are you here again?
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